unsecured business lending up to £350,000
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Unsecured Business lending up to £350,000 for almost any business need.

Unsecured business loans make an attractive option for small business owners who just need a quick infusion of cash to pay off outstanding expenses, cover financial gaps and move onto the next project

What are Unsecured Business Loans?

Unsecured business financing is not backed by security, making them fundamentally different than most traditional long-term business funding programs. The loan is not backed by assets of the company, meaning typically there are no charges placed on the business. Therefore this makes unsecured business loans an attractive option for businesse’s looking to mitigate some of their financial risks.

Does your business need and injection of capital for growth and would an unsecured business loan of up to £350,000 help, the bakers, the mechanics, the engineers, the manufacturers, the lifeblood of the country can access this kind of funding.

To be used for almost any purpose including cashflow, working capital, expansion, recruiting staff, buying stock and materials, refurbishment, VAT and tax funding, asset purchase, top up on deposits etc

Manufacturing and Engineering

o    Examples include: unusual assets and installation costs (aged assets, tooling), improvements to business premises, wages, purchasing of materials, hiring of equipment and working capital requirements to fulfil new contracts to name just a few.

An article published by SMEWEB outlines how SME manufacturers see three-year high for new orders. Find out More here

Retail/Wholesalers and Hospitality

o    Examples include: marketing campaigns, stock purchase, insurance premiums, licenses, hiring of temporary staff, refurbishment of premises, seasonality working capital requirements, outlet expansion, event expenses (festivals, pop-up markets, expos), kitchen/event equipment (cutlery, tablecloths, marques, PA systems).

An article published by SMEWEB outlines why SME retailers are positive about trading in 2018. Find out More here

Professional and Business Support (example professions we have lent to include: legal, accountancy, medical, veterinary, opticians, dental, chiropractor, recruitment, estate agency)    

o    Examples include: insurance/indemnity premiums, business acquisition, fees, practice working capital requirements, office kit out for example.

Agriculture  

o    Examples include: renewable energy (e.g. solar PV, wind turbines, anabolic digestion, ground source and installation costs associated), livestock purchase, farming inputs (seed, fertiliser, pest control), fencing, farm improvements, staff hire

An article published by Reuters outlines that farm machinery sales are set to rebound this year. Find out More here

Transport/Logistics & Dealerships

o    Examples include: Aged assets, servicing/maintenance costs, insurance premiums, legislation requirements, hiring of staff, stocking facility finance for vehicles, marketing spends.

Unsecured Business Terms:

  • Interest rates are from 4.9% yield
  • Loan terms 6 months- 60 months
  • No early repayment charges or penalties
  • No upfront application fees
  • Lending in all sectors
  • Application to drawdown typically 3-5 days

Criteria

  • 2 years trading
  • Shareholders and business to be based in the UK
  • No outstanding business CCJs and no CCJs within 12 months
  • Shareholders not to be part of a dissolved business in the past 2 years where creditors have lost monies
  • Funds to be used for business purpose

For more information please contact us on 0191 2682157 or email enquiries@hadriancapitalfinance.co.uk